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tv   Headline News  RT  February 22, 2013 7:00pm-7:28pm EST

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blogs are going to washington d.c. and here's what's coming up tonight on the big picture why won't republicans come to the table to close the tax loopholes to let millionaires and billionaires pay less in taxes than hard working americans many of whom are struggling just to survive that and more it's a nice big picture rubble also a year and a half ago americans started resisting occupy was born but. what causes individuals to finally resist authority to finally say enough is enough i'll ask i'll press in tonight's conversations with great minds and next month marks the tenth anniversary of the beginning of our war in iraq and these ten years thousands of americans have given their lives in the name of our country thousands of others are forever
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changed how do we make sure a debacle like iraq never happens again i'll tell you that story. it's friday are you ready to rumble join me for tonight's big picture rumble adam bitly editor in chief of net right daily david packman host of the david backman show and marc harrold libertarian commentator attorney and author welcome to all of you thank you let's start thomas unger for talking about inequality he's with the nonpartisan nonpartisan congressional research service has released a new study on wealth and income inequality in america he looked at a recent fifteen year period in the country and found that quote by far the largest contributor to increasing income inequality regardless of income inequality measure is changes in income from capital gains and dividends is hungerford puts it the reason income inequality has been increasing has been the rise in income going to the top one. sad most of that has come in capital gains and dividends so why won't
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republicans come to the table and close this capital gains loophole i mean it was good enough for ronald reagan to say you know it's crazy that capital gains should be taxed at a different rate than an ordinary income fact equalised let me put them both at the exact same level god bless ronnie adams what's wrong with that well first off let's let's be honest about this whole situation here tax loopholes are something i would like to see closed but that doesn't mean that the tax system itself is functioning and what i think is honestly the problem here is not the the rich are getting richer and the poor are getting or that is actually a problem in the united states well while that may be a problem the fixes i've seen from the other side oh look for is the minimum wage these things have not helped that he has worked historically well it hasn't worked according to what you just said if the world are getting better and the wages increased why is that still occurring because the minimum wage hasn't increased the
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minimum wage that's going to last a lot of this decade alone has gone up and now we're talking about increasing the middle again if you indexed to inflation from one hundred sixty it would be ten dollars twenty five so it's a minimum wage always brings unfortunately this is one of the areas where adam has really great ideas but the facts just don't seem to actually back up what he would like to be the truth in other words this country has had significant economic growth during periods of high top marginal tax rates and large economic growth during periods of significantly higher capital gains tax rates and we have that's just the facts that's it then you can kind of dance around that and come up with redirecting to what president obama may have said in the last state of the union but those are the facts ok wolf that's the fact why isn't obama out there reason that perhaps why isn't he pushing it up why he actually. told them not to or not to a level that either one of you would be happy with you have heard already before that we should push it up even higher because it is going to lead to economic boom years if you're just let me say why are they just pushed. it up higher and higher
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let me put it in the let me allow ronald reagan to tell you what his suggestion was it was put into law in one thousand nine hundred six and it actually helped the economy here's where. we're going to close the detention of the out some of the truly will do boy there's a. series of those who were understanding that it is they sometimes made it possible for millionaires to make a bus driver which million percent of its sound and that's crazy. and bad crazy and guess what politicians use the same one of our reasoning to argue for tax increases already or we are going the correct for increasing the you know what i am telling you is that politicians still use that flawed line of reasoning thirty years later i'm already sold on the great acts of law that ronald reagan was flawed everybody is flawed there is no such thing as a loophole i mean let's take ownership of it there are specific exceptions put in to serve special interest they're put there for a reason the loophole to me always means it's not a loophole it's put in there for a reason to benefit a certain part of the tax code but the one thing about it is i don't think that
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capital gains tax should mirror income tax because to one degree you're looking at capital gains tax first of all these people should be rewarded for taking risk ok it's not ordinary a.r.v. reward if you don't read a lot of it's own stuff i mean with profit even post a lot of this is post income money so they've already paid their taxes on their income then they invested the other thing is capital gain they have not ok look back says i'm sure they had a corporation as not down in banti up much of the money many pages in the market is most news because that's not even sure we just read about facebook actually using a tax deduction for stock options that they give so the argument that they had those executive stock options again should not really be taxed very highly because it's already money that's been taxed it hasn't the company is actually going to that it was used to avoid tax that's exactly right isn't it but a lot of what's going in there to the capital gains is post tax money people are in the market you don't want to stifle the market capital gains is good because that's how companies capitalize when people make capital gains you've been up there why didn't we see it crash in one thousand nine hundred eighty seven the year after ronald reagan set the capital. gains tax at identical to the income you wouldn't
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see crap adequately why don't we see a crash two years later three years later for it's not ordinary and you want to put people into the markets ordinary rich going to make you well is that they worry about the rich as they can wait you out they can sit still you've got to stimulate that i don't agree with income tax but assuming we have income tax capital assuming action and not reason i mean in the economy the rich are in driving the economy british rumors about always driving the economy what is your money they are using capitalization believe ventures a lot of it is from the rich well that he would have all right a lot of ways to pay x. and x. percent of their money. where does this come from why do you believe that you can just say well they're not paying their fair share because they're using a share is using x. on our comedy five percent they're using our five they're using our educated workforce they're using it which we all paid for our commerce they're using our police you know the aussie at fault if that is fifty five percent or forty five percent thirty eight a half percent others are two to two while you're making one argument about three different things you have taxes eight to raise revenue you have to taxes be to
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encourage particular types of behavior and i think encouraging does or discourage you baby and i think discouraging the behavior of already money is a good thing back in the fifty's sixty's seventy's eighty's with the top marginal tax rate was over fifty percent seventy four percent of ninety one percent of people did not afford money and it was a good thing for the american economy the other funny thing here is that you know we know that reducing taxes on the richest people does not stimulate the economy because they're not going to put that why would they do with that money other than save it whereas we just basic stuff the stimulative the back of his mattress loosen the slogan was it was basically the stimulative effect of tax deductions on people who earn less almost one hundred percent goes back into the economy now if you have higher capital gains taxes that actually is an incentive for those rich people to maybe think about doing something they wouldn't ordinarily do which is maybe they will start a business or something because they're going to pay more to be more advantageously that is actually a way people start were businesses. they're taxed more actually had evidently
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that's when only one has yet he proves what definitely won't happen is that they will do it if they can just get a tax cut we know that that doesn't happen that's right the. lies and other you guys are history about it are you such a great order you could come up there and tell us history shows that by taxing people more will have more businesses jobs will be bought for according to the will leave you with the last word you get live i trust our viewers will make up their own minds they work into a report by the columbia journalism review private prison corporations are really really interested in the immigration debate private prison company donations to republican senators play a key role in immigration reform wrong like this alexander lamar alexander fifty grand bob corker fifty grand john mccain thirty grant marco rubio twenty seven thousand each senator has sponsored bills to increase detention and incarceration of undocumented immigrants. to the profits of these bills profit
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corporations like c.c.a. so this is about fixing the undocumented immigration problem or is it about it's making more money it's about making more money we know that these corporations these private prison companies bill based on the number of days that people are spending in their system if you speed up the process either for deporting people or for a path to citizenship it's just less a days on average that they will be able to bill and the big banks are into this too i interviewed chris patrol of who's done a lot of research into this and there's a number of big banks that hold significant stakes sometimes up to ten percent in companies like c.c.a. so now the banks there is are also making money from illegal immigrants being in private prisons marxism isn't this an area where it's crazy that we privatized our prisons and i don't think it's specific to this area we've talked about this before this is one area that i don't agree with privatization c.c.a. has become a monster at state legislatures as well but it's not just in the immigration context as a lot of context it's it's it's three strikes laws it has to do with the drug laws in general it's a matter of what we. often called capitalist punishment and the take on capital
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punishment of course but capital punishment any time the bed space becomes a commodity and becomes something that you can profit from laws individuals will try to alter laws in many different capacities in context to fill up that bed space i think that that's the business model i mean c.c.a. doesn't really hide it if you read their prospectus that's basically how they make their money so i don't think there's a real that's really it's really a surprise that they're looking at ways to affect legislation that would maximize the number of people that don't take adam we have more people in prison than any other country in the world both on a per capita and in absolute numbers basis and we're one of the few countries in the world in the developed world i think we're probably the only country the developed world that actually allows corporations to make a profit off people being in prison doesn't this either a show of failure of capitalism or be demonstrate where one clear line should be drawn that this is part of the commons to be owned by we the people never again to be privatised well ok two two things here one of them made it the smell of crony
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capitalism not capitalism necessarily is crony capitalism is simply only capitalism here in this case we're seeing the government basically paygrade in an opportunity to aid and pay reason obviously it is a private prisons for me so let's say no dignity models of government should free market capitalism so you think that i should believe all the way down in a in a total free enterprise market that i should be able to say would be a cost to myself because there's no government say to myself you know adam i don't like the way you behave today so i'm going to put him in a prison. and mark and david have started to prison and so mark and david go and take this guy right and by the way because it's a free market we have to figure out how we're going to pay for going to take him why are we all acting so irrationally in the system because. this is actually a this is only because we know congress is one of the three so so the problem i want to have a free market person i'm not going to argue a free market present right now but what i you know you're going to remain the prison should be. to point out the problem with this system i do see
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a problem with the approach a group there's a problem of the system what's your solution my solution is ok first of privatization first off this is exactly that these businesses the prison in this case were are behaving rationally they are paying politicians donations for actions that they know that we're going to get so what's yours this is the same way that labor unions alex your solution there is that eating problems though is not a solution so so so i guess maybe we just as a rule that is result we all agree that they don't need to prove there is such a creep also it seems so. we all agree that prison should not be privatized i don't think so yes i would not privatized prison system where you have the federal government and state governments and local governments involved capable putting it which is the only way you can have it because laws are you either go to a true free market system with he the judge it would be a good prosecutor you say with a gun or a business big picture rubble after the break.
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let me let me i want to know wouldn't let me ask you a question. here on this board is what we have in the bank we have i know you see. the truth is this just a bad thing there again here it is with b. and i didn't mean to talk about the mainland we. sometimes see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realized everything you thought you knew you don't know i'm tom hard luck is a big picture. here's
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mitt romney trying to figure out the name of that thing that we americans call i told him. i'm sorry i missed the guy who cares and i'll cut you solo artist lou you know what that is my theory such want to listen to futurism be on the liberal approach to public use. to really sort of. you know the corporate media distracts us from what you and i should care about because they're a profit driven industry that sells a sensationalistic garbage he calls it breaking news i mean martin and we're going to break this that it's. such. a. looker pretty docile in the field that block you won't find it here if you're looking for relevant stories unique perspectives and top class tends to start
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sleeping. longer maxence rides big picture rumble on the panel adam bitly david packman marc harrold let's get back to it looks like we have a new argument on wolf for the for the gun nuts in america why we need to be armed to the teeth because. the muslims are common louie gohmert tells us all about it on the force for. good or. it is for our protection and the founders quotes to make that very very clear. and including against government there were to run amok you know where you would get some people that think shari'a law to be the law of the land forget the constitution but the guns are at their second amendment is there to make sure all the rest of the amendments . so let's see
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a government run amok that wants shari'a law we have guns to stop mark is he saying there are legislators who want shari'a law and that we should be shooting at them and i if so who are they and why should we be shooting i don't know what he's saying and i also don't think he to use the second amendment to force all the other methods i hope we use the first amendment to discuss all the other amendments i don't agree with that statement at all but what i will say is o.s.u. you know you go out and find i mean you can always find this clip of somebody who's just said well that was the word problem or this is representative of what we see so many accusations that we need to be worried about sharia law but if you actually look at what proposals there are really you can put together a case that there is a christian version of sharia law being proposed persistently in this country it's been happening for a couple of years now everything from the war on women restrictions on abortion gay marriage education boucher's for creation of schools i mean we have if we have to worry about any kind of religious lobbying being put in place it's
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a christian sure real mandatory school for transfer probes everything to the whole house well i mean i grew up with mark that in you to the degree that there is there's a concern that we should be watchful of any sort of religious based law coming in the place but. to suggest that this is going to be stopped by the second amendment and that's what we need to keep guns is because of the threat of a specific faith law coming in the place is absurd is i will say this. just because that is absurd that statement that doesn't mean that the second amendment is certain in the second amendment was intended as a way for people to protect themselves against tyranny and here it is a tyranny was a don't know and spain in the in the northern states the second amendment was there to prevent a standing army actually a tyranny that they were worried about the northern states was in so many countries overthrown by their own military they did not want to be a standing army during a time. piece in the southern states the second amendment was to protect the state
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militias which were slave patrol actually hold in slavery yeah so they did so they restrict gun ownership to a group to keep them islam not only restricted them in ga it you were required every month everyone i really held between seventeen and forty seven was required to go on slave patrol as with the militia i'm very aware of this so so this is i mean it's troubling with we've seen that when guns are withhold from people they're able to be held in check because when i was in tennessee and it was so we could shoot members of congress of congress no wonder you're asking why do we go more of those just say i don't like that i think there's a larger point to this too there or seeing all these clips of people trying to defend the second amendment that somehow you have to justify the right the right exists as i've said it's in the nailing right i believe it's and get up to defend yourself to bear arms in the constitution we keep seeing these clips of everyone who thinks they need to come forward and defend the second amendment the second amendment to write it you don't have to justify why you get to have the second amendment it's a right it's codified the constitution this idea we keep seeing all these clips of
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people that somehow i don't think you have to defend i think you defend second amendment rights but i don't think you have to defend the fact that there was a little bit of a lot of people think i do need to indeed last question quickfire listening to this guy interested listen is interesting conversation between fox so-called news talking heads brian kilmeade and chris wallace on mitt romney's future plan. let me know and it will become clear a week from now that there's more that mitt romney is going to be doing ok really you do you want to expand on that note all right do you know. yes if i get closer you tell me no but we got to play warmer or colder mitt romney wants to be vice president this time. fox news contributor. i didn't get playing twenty questions here my friend i thought so is mitt romney getting his own show on fox and if so will be sponsored by a pillow company or any of what we call a how to buy friends and influence your tax rate be when dog owners attack. travel
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tips or pets or see mitt the other white guy and fly to the park and all that but the other white guys would be particularly helpful to narrow it down on fox who you are but i'll say this i think they should have that dressage horse on there with the belt but i think that on the show even if you like mitt romney politically i think it would be dreadfully boring to watch mitt romney on a show this could be as bad as when fox news tried to do their version of the daily show it was like the half hour news hour or something like that i think it lasted three episodes in there you know that's about over looking at now you're not going the night cold fall asleep you're watching. and i think it's going to be lifestyles of the rich and blameless who knows what's going on the brown people would want to be at a mile a david pack when marc harrold thank you all for being with us sure thank you tom.
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next month marks the tenth anniversary of the beginning of our war in iraq it's been ten years since alleged war criminals including bush and cheney knowingly use lies to send our men and women to war as a result of those lies over the last decade tens of thousands thousands of americans american women and men have died tens of thousands are wounded over one hundred thousand iraqi human beings are dead and over fifteen million iraqis have had their lives ripped apart so the question would we still be in iraq today or even have gone to war in iraq in the first place if there was a military draft in this country look at our involvements impasse. tours in the civil war two world wars one and two the korean war even vietnam the united states had a military draft and those wars wall far shorter and more well debated in the iraq debacle coincidence i think not we need to bring back the draft our founding
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fathers knew its value that's why they formed a citizen based militia when george washington in his farewell address warned us to be aware of foreign entanglements he knew that his citizens militia what the day is closest to a draft was the best way to prevent us from jumping into foreign military misadventures a draft system is a great leveller when there's a draft or what our founders call those citizens militia every single american has some skin in the game fewer than one percent of americans have been touched by the wars in iraq and afghanistan fewer than one percent of americans have experienced the pain and suffering of losing a loved one a distant battlefield but if we had a draft our involvement in wars would affect everyone from main street to capitol hill the children of our nation's lawmakers would be serving in the military putting a very personal face on their decision to go to war history shows that when we have a draft our lawmakers are less enthusiastic says star wars and more enthusiastic
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about ending them quickly a draft also inserts necessary skeptical voices into the military itself to give more whistleblowers for example people who put the well being of the nation and its people ahead of profits for the military industrial complex or a new star for a commanding general. speaking of that military industrial complex it would finally be held in check if we were to reinstate the draft the lack of a draft gave rise to the professional military we have today a professional military is not only a bit do with those he has to go out war because during war promotions within the military come faster but also creates a revolving door between the military and the war profiteers then there are the implications the drafts have on public resistance to unnecessary wars going to vietnam for instance thanks to the draft millions of americans rallied and protested in our nation's streets they fought tirelessly to bring an end to one of the bloodiest wars in american history ultimately it was the american people and
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their opposition to their sons fathers and brothers being drafted for the vietnam war that brought our soldiers home and ended that devastating war and also lowered our voting age if we had a draft for the iraq war it's almost certain that americans would have been in the streets years ago fighting to bring an end to that purposeless war who would have just blindly plunged into a war under false pretenses and then just stood by and watched or frankly even ignored our men and women dying in the iraqi desert simply put drafts keep and get us out of stupid wars there are other social concert of the other social benefits that come from reinstating the draft a universal call the national service particular one is not just limited to the military asks young americans to recommit to their country as part of a draft we should be asking young americans to give them one or two years of their life to serve their country not just in the military but also alternatively in
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civilian programs like america or to volunteer in hospitals and schools to care for our nation's elderly and disabled people on the flip side it's critical that we give back something for that service that we're asking of our young people let's create a system where americans who serve in the military or in civilian alternatives. to the military for europe to are rewarded with a free college or trade school education all the way to ph d. if they want reinstating the draft including civil service programs will transform our country both will help greatly to rebuild this nation's infrastructure and there's even a psychological and sociological value a draft provides a clear transition from youth to adulthood something we've largely lost in the past few generations we've always known it is as human bein's of the importance of these transition to adulthood rituals vestiges remaining catholic confirmation and the jewish rituals of bar and mitzvah in years past graduating from high school
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provided the main rite of passage for a youth to grow into adulthood but now since it's nearly impossible to get a job or just a high school diploma that ritual of transition into adulthood has been lost a year or two in the military or civil service programs would bring back this fundamentally psychologically and sociologically healthy ritual americans seem content with our all volunteer military but that's because we don't see how corrosive it is to our military policies are spending policies in our culture itself. consider the benefits that a draft would bring it levels the playing field and causes everyone to be affected by war it makes our lawmakers think twice before sending our men and women into battle it helps to galvanize public opinion which is the greatest power to end the wars it helps to hold our military industrial complex in check preventing war profiteers from making profits at the expense of american lives and even helps to rebuild our nation of providing
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a culturally important right of pastors to adulthood it's time to bring back the draft but in a new and improved for. coming up what makes a whistle blower blow the lid off corporate corruption why do we decide to stand up and leave when all the cards are stacked against us we'll ask i'll press in tonight's conversations in the great minds after the break.

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